Author/Authors :
ÖZSAĞIR, Arif Gaziantep Üniversitesi - İktisadi ve İdari Bilimler Fakültesi - İktisat Bölümü, Turkey
Abstract :
Some factors that affect the economic life indirectly but substantially at the same time are assumed exogenous or fixed by the traditional economics. However, these factors are considered fixed are the factors that affect the economy deeply. Political stability, verdicts devoid of justice, military coups and interventions, oligarchical bureaucratic structure, and terrorism are important factors assumed to be fixed. Although these factors may seem irrelevant at first glance, they have crucial impacts on economies. Important determinants of Turkey’s economic performance have been political decisions, the verdicts devoid of justice, in other words biased verdicts, military coups and interventions, oligarchical bureaucratic structure, and terrorism rather than economic policies. In this study, it is discussed that the effects of military coups and interventions on the performance of the economy in the context of Turkey example; and the hypothesis is validated within the framework of an econometric model.
NaturalLanguageKeyword :
Political stability , Military coup , Military intervention , Economic growth
